All Finance articles – Page 573
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News
Media Bites 26 Aug: Consumer spend, Discounters, PizzaExpress
Consumer spending surged to a six-month high in August as tourists flocked to UK high streets to take advantage of the weak pound, according to the CBI.
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News
Bargain stores overtake Aldi and Lidl in popularity
Sales at variety discount stores such as Poundland, B&M and Home Bargains have soared by 17% to £4.9bn in the past year.
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News
Non-EU exports of UK food & drink soar 14%
Food and drink exports to non-EU countries rose by 14% year on year in the run up to the Brexit vote, new figures from the FDF have revealed
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News
Rafael Oliveira takes over as Kraft Heinz UK & Ireland MD
The role has been held by president of Kraft Heinz Europe Matt Hill on an interim basis since March
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News
Tesco extends same-day click & collect with added charges
New pick-up slots will be £2 from Monday to Thursday and £3 on Fridays
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News
City Snapshot: Ahold and Delhaize post pre-merger sales growth
The newly combined Ahold Delhaize (AD) has “kicked off with good momentum” after both Ahold and Delhaize Group reported strong second quarter results
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News
Media Bites 25 Aug: Tesco, Amazon, WH Group
Tesco has fired the latest salvo in what is being dubbed the “time wars” between food retailers by launching a same-day click and collect service for grocery orders.
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News
Average household bins a month's worth of food every year
Amost half of Brits keep bread in the fridge even though this speeds up the growth of mould
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News
M&S petitioned by MPs over cuts to wage premiums
Campaigners say 11,000 workers in receipt of premiums for antisocial hours could be left worse off
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Comment & Opinion
Sugar tax sets a dangerous precedent
Manufacturers and retailers have been taking action for several years to reduce sugar and calorie intake from soft drinks
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News
Strong travel performance puts WH Smith on track
WH Smith (SMWH) has announced this morning it is on track to meet market expectations for its full-year trading after strong performance in its travel division
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News
Media Bites 24 Aug: Supermarket sales, SABMiller, UK exports
The arrival of warm weather and a gold-tinged Olympics feelgood factor has boosted British supermarket sales over the past three months
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News
High Court backs SABMiller’s request to split crucial merger vote
The UK High Court has approved SABMiller’s plan to hold two separate shareholder votes on the AB InBev takeover deal, potentially putting the global mega-deal under threat.
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News
Asda sells off loss-making photo business for £5.35m
Asda has agreed to sell its photo division to Photo-Me for around £5.35m, the UK-listed photo company announced this morning.
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News
Beer and cider sales boosted by late blooming summer
Champagne sales also benefited from the sunny weather, with value up 4.9%
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News
Media Bites 23 Aug: Supermarket price war, Contactless payments, Tourist spending
“Supermarket price war would kill profits”, writes The Times (£) this morning, warning that “the front line in the fight for food shoppers is about to get bloody”.
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News
Team GB gold rush and hot weather boost supermarket sales
The hot weather and Great Britain’s success at the Olympics in Rio combined to generate the best supermarket sales growth for nearly three years, according to Nielsen
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News
No judgement yet in SABMiller takeover court case
SABMiller has announced that the UK High Court case examining its proposal to hold two separate shareholder votes on the AB InBev takeover offer will not be concluded today.
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Comment & Opinion
Reading between the lines of the latest FSA campylobacter report
The FSA says it doesn’t plan to change targets, but industry worries there’s a subtext to its latest research
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News
Sales soar at artisan baker Bread Holdings
The owner of The Bread Factory and GAIL’s Artisan Bakery has seen annual revenues soar by 41.5% as UK consumers’ hunger for artisan bread shows no sign of waning.